Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl
Equity
Direct
Large & Mid-Cap
NAV: ₹ 80.28 as on 23-04-2024
Fund Performance
164 people have invested ₹ 3.3L in Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl in the last three months
About the Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl
Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Ankit Jain, Neelesh Surana. The fund could potentially beat inflation in the long-run.
Key Parameters
- Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl has ₹33619 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.7.
Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl Overview
 | 0.65% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹33619 Cr |
 | 1 January, 2013 |
 | --/₹500 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 52.08% |
Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
50%
Mid cap
41.6%
Small cap
7.3%
Sector Allocation
Financial Services
29.6%
Consumer Cyclical
13.7%
Industrial
11.4%
Basic Materials
10.5%
Health
8.6%
Tech
7.1%
Utilities
5.9%
Energy
4.3%
Consumer Defensive
4.1%
Communication
3%
Real Estate
1.7%
Top Holdings of Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl as on (31-Mar-24)
Equity Holdings90
Debt Holdings1
Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -0.40% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -0.47% as on Mar'24
- This fund outperformed NIFTY 500 by 0.07% in Mar'24
AUM Change
- AUM of the fund stands at 33.7K Cr as of Mar'24
- AUM has remained same between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Zomato Ltd | 29.2% |
 Interglobe Aviation Ltd | 18.7% |
 Larsen & Toubro Ltd | 4% |
Peer Analysis
Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl Fund Manager
Ankit Jain
Fund Manager of Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl, since 31 January 2019
Top funds managed
Neelesh Surana
Fund Manager of Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl, since 9 July 2010
Top funds managed
Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 22.51% since inception which is more than its category average return of 16.04%
Fund Allocations
This fund has an allocation of 98.93% in Equity, 0% in Debt and 1.07% in Cash related instruments
AUM size ₹33619 Cr
This fund has AUM of ₹33619 Cr which is more than its category average of ₹ 6088 Cr
Expense Ratio 0.65%
This fund has an expense ratio of 0.65% which is less than its category average expense ratio of 1.36%
Frequently Asked Questions
The current NAV of Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl is ₹80.28 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 3.57% | 3.57% |
6 Month Returns | 20.91% | 20.91% |
1 Year Returns | 40.16% | 40.16% |
3 Years Returns | 72.09% | 19.84% |
5 Years Returns | 151.97% | 20.3% |
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0.65% as on March 2024
₹33619 Cr as on March 2024
HDFC Bank Ltd(5.59%), State Bank of India(3.59%), ICICI Bank Ltd(3.12%), Larsen & Toubro Ltd(3.09%), Reliance Industries Ltd(2.98%) as on March 2024
Financial Services(29.32%), Consumer Cyclical(13.55%), Industrial(11.24%) as on March 2024
The alpha ratio for the Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl | -3.38 | -1.52 | 0.83 |
As on March 2024
The alpha for Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl is calculated against S&P BSE 200 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl | 0.96 | 0.9 | 0.93 |
As on March 2024
The Beta for Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl is calculated with S&P BSE 200 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl | 2.57 | 1 | 0.78 |
As on March 2024
The sharpe ratio for Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl is calculated with S&P BSE 200 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl | 10.71 | 12.35 | 18.73 |
As on March 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 1.82 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Ankit Jain, Neelesh Surana are the fund managers of Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl
The Exit load of Mirae Asset Large & Midcap Fund Direct Plan Payout of Income Distribution cum cptl wdrl is 1%